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Layla J. Asali practices in a broad range of federal income tax matters, with an emphasis on the taxation of cross-border transactions and business activities. She advises U.S.-based and foreign-based multinational clients on international tax issues, including mergers and acquisitions, intellectual property transactions, supply chain planning, and financings.

In addition to her consulting practice, Layla has experience representing clients before the Internal Revenue Service (IRS) National Office in obtaining favorable private letter rulings and resolving federal income tax controversies at the audit level and at IRS Appeals. She has also represented clients before the U.S. Department of the Treasury on regulatory and policy matters.

Layla is a frequently sought speaker on international tax matters and is an authority on the international tax provisions of the Tax Cuts and Jobs Act (TCJA), including the global intangible low-taxed income (GILTI) regime, foreign tax credits, the base erosion and anti-abuse tax (BEAT), and the deduction for foreign-derived intangible income (FDII). She has published articles in journals, including BNA Tax Management International Journal, BNA Tax Management Memorandum, the CCH International Tax Journal, and Tax Notes International. Layla is the former Chair of the DC Bar Taxation Community and she currently serves as Vice Chair of the American Bar Association's Foreign Activities of U.S. Taxpayers (FAUST) Committee. She has been named one of International Tax Review's Women in Tax numerous times.

 

Representative Engagements
  • Advice and counseling with respect to technical issues arising under the transition tax, including the definition of cash equivalents.
  • Counseling and advocacy related to the unintended consequences of the GILTI and BEAT regimes, including engagement with policymakers.
  • Advised a U.S.-based natural resources company on the U.S. tax consequences of restructuring its international operations.
  • Represented a foreign-based insurance company as special tax counsel in connection with an $800 million acquisition of a U.S. business.
  • Counseled a foreign-based multinational on U.S. international tax and transfer pricing issues in connection with a restructuring of foreign operations held by its U.S. group.
  • Advised a U.S.-based retail company on U.S. tax aspects of financing Canadian operations and managing its cross-border supply chain.
Rankings and Recognition
  • Chambers USA: Tax (District of Columbia), 2021 - 2023
  • International Tax Review: Women in Tax Leaders, 2016 - 2018, 2020 - 2021, 2023 - 2024
  • Legal 500: Tax: International Tax, 2014 - 2023; Leading Lawyer, 2022 - 2023
  • Legal 500: Tax: U.S. Taxes: Non-Contentious, 2016, 2018 - 2023
  • Legal 500: Tax: U.S. Taxes: Contentious, 2019 - 2020
  • Washington, DC Super Lawyers®: Super Lawyer, Tax, 2018 - 2020
  • Washington, DC Super Lawyers®: Rising Star, Tax, 2014 - 2017
  • DC Bar Capital Pro Bono Honor Roll, 2016 - 2017
  • The National Law Journal, DC Rising Star, 2014
Affiliations
  • Former Chair, Taxation Community, District of Columbia Bar (2016 – 2017)
  • Member, Taxation Community, District of Columbia Bar
  • Member, Section of Taxation, American Bar Association
  • Vice Chair, Foreign Activities of U.S. Taxpayers (FAUST) Committee, American Bar Association
  • Member, International Fiscal Association
  • Fellow, American College of Tax Counsel
Admissions
State Admissions
  • District of Columbia
Court Admissions
  • United States Tax Court
News and Events
Publications
Internal Publication

Monthly Tax Roundup (Volume 3, Issue 4)

Internal Publication

Monthly Tax Roundup (Volume 3, Issue 3)

Internal Publication

Monthly Tax Roundup (Volume 3, Issue 2)

Internal Publication

Monthly Tax Roundup (Volume 3, Issue 1)

Internal Publication

Monthly Tax Roundup (Volume 2, Issue 11)